Profit Sharing · DOL Form 5500 · 2024

Education Development Center, Inc. Profit Sharing Plan

Data updated 2026-07-24

$185M
Total assets
607
Participants
94th
Percentile by assets
$304,041
Avg per participant
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Official DOL plan name: Edc Retirement Plan · Sponsored by Education Development Center, Inc. · Massachusetts · Educational Services

$185M in assets, 607 participants

Education Development Center, Inc.'s Edc Retirement Plan reported $185M in total assets and 607 participants in its 2024 DOL Form 5500 filing, ranking in the 94th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 94th percentile by assets (of 116,472 plans)

Where Edc Retirement Plan sits by assets

Edc Retirement Plan sits in the top 10% of all filed plans by assets, $185M for 607 participants (~$304,041/participant), up 11.7% in 2024.

$185M
total plan assets (2024 EOY)
607
covered participants
94th
percentile by assets (of 116,472 plans)
$304,041
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Edc Retirement Plan end-of-year assets rose from $165M in the plan year 2023 filing to $185M in the plan year 2024 filing.
  • Edc Retirement Plan reported participants rose from 544 in the plan year 2023 filing to 607 in the plan year 2024 filing.
  • Edc Retirement Plan reported net income fell from $21M in the plan year 2023 filing to $19M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Edc Retirement Plan vs the 2024 asset distribution

By assets, Edc Retirement Plan outranks 94% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.8x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$165M
Net Assets (End of Year)$185M
Net Income$19M
Employer EIN042241718
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Education Development Center, Inc.)

$150M$200M$250M$300M$350M 202220232024 $251M $185M ▼ -26.5%
Total plan assets by year, all Education Development Center, Inc. plans on file
Year Plans Participants Total Assets
2022 2 1,239 $251M
2023 2 1,272 $290M
2024 1 607 $185M

Nearby Profit Sharing Plans in Massachusetts

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Edc Retirement Plan vs. nearby Profit Sharing plans in Massachusetts, assets vs. participants

Edc Retirement Plan vs. nearby Profit Sharing plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 00.511.5 Total assets ($B) Participants Edc Retirement PlanDemoulas (Restated) …Dana-Farber Cancer I…The Boston Consultin…Sheet Metal Workers …Medical Information …
Edc Retirement Plan vs. nearby Profit Sharing plans in Massachusetts, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Edc Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Edc Retirement Plan assets move in 2024?
Edc Retirement Plan grew at a solid clip - up 11.7% during 2024, from $165M to $185M. Reported net income was $19M.
How have Education Development Center, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Education Development Center, Inc.'s sponsor-wide assets declined 26.5%, from $251M to $185M.
Where does Edc Retirement Plan rank by assets among Form 5500 filers?
Edc Retirement Plan ranks in the 94th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which Profit Sharing plans are similar in size to Edc Retirement Plan?
Among Profit Sharing plans in other states, the closest by assets is Holzer Health System 401a Profit Sharing Plan in OH ($183M, 2,110 participants).

Scale reading

Ways to act on Edc Retirement Plan's numbers.

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 042241718.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.